Recent content by Rizog

I trade on TenkoFX and often practice scalping, this broker allows scalping on all accounts. SL and TP limits can be set even within the spread. There are no limits on the minimum price movement. Not all brokers have this, and it attracts me.

I don't know for sure, but they usually use the interest rates on the national banks for swaps, i.d. in your case you need to check what's going on in Australia and Canada. They also count the trading volume, the broker's commission and the current currencies prices divided on the amount of the...

Demo accounts are an excellent way of testing your abilities in the world of forex. Thet have the same environment as real trading without the risk of losing anything. So, my advise for you is to invest as much time you want in demo account trading.

Hello and welcome to this forum. It is better to deal with a single broker and sees how it works. Dealing with multi brokers can over-complicate things. You will become confuse and lose whatever progress you have made. Am i right guys?

What gives me happiness in forex market? Winning obviuously. There is nothing better in this world than seeing your investment make you rich. Many people go desparate just for a single dollar of profit. What makes you happy in forex trading?

One of the bad habbit in the beginners is they wanted to become rich in a very little time and they do mistake in making a wrong investment and lose their money which is very important. Trading wants patience and a great strategy. You need time to understand the market and to earn the profit.

At initial level you must start your trading with small investment because at initial stage you don't know about the ups and downs of the market. There are mostly higher chances to lose the money.If you make a small investment than you can bear the small loss because at initial level you didn't...

I don't really agree with you scott11, as it's better to develop trading psychology on the real account, because there're basically no risks on the demo one and you can't say that about the real one.

There might be many reasons why traders drain their money, starting from the problems regarding the trading strategy, ending with the market volatility. But mostly it's the absence of knowledge and experience.

You shouldn't expect something from forex market. A good strategy usually brings 5%-15% profit, sometimes more. You can calculate profits, based on this.

Too much confidence is as bad as the lack of it. In the first case someone will do foolish things, while in the other he'll just afraid to do anything.

A lot of people come to forex just to get a portion of fear. Someone jumps out of the plane with a parashute, others open big deals, trying to get lucky. It's mostly the ones who are coming to forex for emotions lose money, while still getting what they wanted.

Well, registration and verification on the exchange is a great problem, but there are pros on the exchange as well. I came to the opinion that trading with cryptocurrency with a broker is an intermediate option while looking for registration on a reliable exchange.

Why invent the wheel? It was invented and improved many times before! There are a lot of existing strategies, that can be used as a basis, and the best ones of them can be adapted for your needs. It's way easier and faster, and possibly more effective.

Minimal deposit for brokers is way bigger in general, than for a dealing center. Also dealing center offers different kind of bonuses, brokers usually don't have those. But broker has a lower spread. These are just theories, and it was obvious before. And these days brokers and dealing centers...